DB Mancas: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
DB Mancas
Largest movements
- Current investments +€14,071
up €14,071 (+22.0%), from €63,907 to €77,977
- Cash -€7,048
down €7,048 (-53.6%), from €13,153 to €6,106
mainly Current investments (-€14,071) and Tax, wage and social debts (-€10,307)
- Reserves +€16,800
up €16,800 (+19.5%), from €86,260 to €103,060
of which Distributable reserves: +€16,800
- Tax, wage and social debts -€10,307
down €10,307 (-57.0%), from €18,095 to €7,787
- Gross operating margin +€12,024
up €12,024 (+90.9%), from €13,234 to €25,258
- Taxes -€1,738
down €1,738 (-42.9%), from €4,053 to €2,315
- Financial charges +€630
up €630 (+266%), from €237 to €867
- Depreciation +€521
up €521 (+16.2%), from €3,226 to €3,747
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €116,738 | €123,116 | +€6,378 | +5.5% |
| Fixed assets | 21/28 | €9,693 | €10,078 | +€385 | +4.0% |
| Tangible fixed assets | 22/27 | €9,663 | €10,048 | +€385 | +4.0% |
| Plant, machinery and equipment | 23 | €209 | €87 | -€122 | -58.3% |
| Furniture and vehicles | 24 | €2,301 | €4,503 | +€2,203 | +95.7% |
| Other tangible fixed assets | 26 | €7,153 | €5,458 | -€1,696 | -23.7% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €107,045 | €113,038 | +€5,993 | +5.6% |
| Amounts receivable within one year | 40/41 | €29,985 | €28,955 | -€1,030 | -3.4% |
| Trade receivables | 40 | - | €23,414 | +€23,414 | |
| Other amounts receivable | 41 | €29,985 | €5,542 | -€24,444 | -81.5% |
| Current investments | 50/53 | €63,907 | €77,977 | +€14,071 | +22.0% |
| Cash at bank and in hand | 54/58 | €13,153 | €6,106 | -€7,048 | -53.6% |
| Total equity and liabilities | 10/49 | €116,738 | €123,116 | +€6,378 | +5.5% |
| Equity | 10/15 | €93,838 | €111,081 | +€17,242 | +18.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €86,260 | €103,060 | +€16,800 | +19.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €84,400 | €101,200 | +€16,800 | +19.9% |
| Profit (loss) carried forward | 14 | €1,378 | €1,821 | +€442 | +32.1% |
| Amounts payable | 17/49 | €22,900 | €12,036 | -€10,864 | -47.4% |
| Amounts payable within one year | 42/48 | €22,900 | €12,036 | -€10,864 | -47.4% |
| Trade debts | 44 | €4,805 | €4,248 | -€557 | -11.6% |
| Suppliers | 440/4 | €4,805 | €4,248 | -€557 | -11.6% |
| Taxes, remuneration and social security | 45 | €18,095 | €7,787 | -€10,307 | -57.0% |
| Taxes | 450/3 | €18,095 | €7,787 | -€10,307 | -57.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,226 | €3,747 | +€521 | +16.2% |
| Other operating charges | 640/8 | €998 | €1,164 | +€167 | +16.7% |
| Gross operating margin | 9900 | €13,234 | €25,258 | +€12,024 | +90.9% |
| Operating profit (loss) | 9901 | €9,010 | €20,346 | +€11,336 | +126% |
| Financial income | 75/76B | €229 | €77 | -€152 | -66.3% |
| Recurring financial income | 75 | €229 | €77 | -€152 | -66.3% |
| Financial charges | 65/66B | €237 | €867 | +€630 | +266% |
| Recurring financial charges | 65 | €237 | €867 | +€630 | +266% |
| Profit (loss) for the period before taxes | 9903 | €9,002 | €19,557 | +€10,555 | +117% |
| Income taxes | 67/77 | €4,053 | €2,315 | -€1,738 | -42.9% |
| Profit (loss) for the period | 9904 | €4,949 | €17,242 | +€12,293 | +248% |
| Profit (loss) for the period to be appropriated | 9905 | €4,949 | €17,242 | +€12,293 | +248% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.